© 2026 WNIJ and WNIU
Northern Public Radio
801 N 1st St.
DeKalb, IL 60115
815-753-9000
Northern Public Radio
Donate
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Some of the super wealthy are plowing money into a tax loophole to slash taxes to 0

NPR
Published October 1, 2026 at 5:27 PM CDT

There's a tax loophole that lets millionaires and billionaires drawdown their taxes… to nothing. So what does tax-loss harvesting mean and why is it still allowed?

Copyright 2026 NPR